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nydimaria [60]
3 years ago
7

Prep for Success is an educational services company that specializes in preparing students for selective private school entrance

exams. Prep for Success sends information about its services to consumers who have purchased school supplies such as backpacks and lunchboxes online and live in a community with an average household income of above $85,000 per year. This is an example of a company using ________ to identify and contact potential customers.
Business
1 answer:
Veseljchak [2.6K]3 years ago
7 0

Answer:

big data

Explanation:

Big data refers to structured and unstructured large data sets that can be used to analyze patterns and trends relating to human behavior and interactions. Big data will enable organizations like Prep for Success to better tailor their products/ services and marketing strategies in order to meet the needs of their customers and promote business growth.

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For each of the following cases, state whether the statement is true for LIFO or for FIFO. Assume that prices are rising. (a) se
stealth61 [152]

Answer:

  • LIFO : results in a higher quality of earnings ratio.
  • FIFO : in higher phantom profits.
  • FIFO : results in higher net income.
  • LIFO : results in lower taxes.
  • FIFO : results in lower net cash provided by operating activities.

Explanation:

  • FIFO states that first goods brought are the first to be sold and the inventory consists of the most recent purchases and LIFO assumes that the last goods are purchased and first sold.
  • Thus LIFO results in a higher earning ratio and in a lowering of the taxes and FIFO at higher net incomes and lowers the net cash provided for the operating activities.
3 0
3 years ago
Your landscaping company can lease a truck for $7,800 a year (paid at year-end) for 6 years. It can instead buy the truck for $3
Shkiper50 [21]

Answer:

Landscaping Company

a. The present value of the cost of leasing is:

= $37,179.01.

b. It is cheaper to lease than to buy.

c. The present value of the cost of leasing if the lease payments are an annuity due is:

= $39,781.54.

d. It is now cheaper to buy than to lease.

Explanation:

a) Data and Calculations:

Annual cost of leasing a truck = $7,800

Lease period = 6 years

Purchase cost of the truck = $38,000

Salvage value after 6 years = $0

Interest rate on company funds = 7%

N (# of periods)  6

I/Y (Interest per year)  7

PMT (Periodic Payment)  7800

FV (Future Value)  0

Results

PV = $37,179.01

Sum of all periodic payments = $46,800.00

Total Interes = $9,620.99

Present of an Annuity Due:  

Results

PV = $39,781.54

Sum of all periodic payments = $46,800.00

Total Interest = $7,018.46

5 0
3 years ago
A customer buys an oil and gas limited partnership interest by contributing $20,000 and signing a $20,000 non-recourse note. The
qaws [65]

Answer:

The customer's tax basis is:

$20,000.

Explanation:

The non-recourse notes of $20,000 do not provide basis for the customer's tax.  Since the partnership cannot recover beyond the secured property, a non-recourse note is not a qualified basis.  IRS Section 752 rules apply to non-recourse liabilities.  A non-recourse note provides the basis for partnership distributions but generally do not provide basis for at-risk rules.

8 0
3 years ago
Davita Spencer is a manager at Half Dome Asset Management. She can generate an alpha of 2% a year up to $100 million. After that
Dmitriy789 [7]

Answer:

a.  Zero

b. $200 million

c. $2 million

Explanation:

a. The investor invest regular in portfolio with the positive alpha until the portfolio size has driven alpha to zero.

 

b. Davita return 2% of $100 million = $2 million

1% fee \times X million total under management.

Than, X = $200 million

c. $200 million \times 1% fee given = $2 million

6 0
3 years ago
NAME 2 COSTS/DRAWBACKS OF SETTING UP A FRANCHISE?
Lorico [155]
The cost of everything and the problem of not knowing whether or not its going to succeed.
4 0
2 years ago
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